Department profile
Castrén & Snellman

Restructuring/Insolvency

Europe Guide 2026 : Finland

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Castrén & Snellman

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About

Provided by Castrén & Snellman

Financially challenging times can be daunting, but the right legal partner can help minimise losses and reinvigorate stumbling businesses.

Our team is adept at handling all kinds of insolvency and restructuring proceedings, from the relatively small and straightforward to the most demanding and complex. If engaged at an early stage, we can help your business get back on track by identifying and heading off problems before they get out of control. In insolvency proceedings, our team’s unrivaled experience will ensure that proceedings run efficiently and lead to the best possible result for creditors.

Our insolvency experts are top-rated in all major international publications and have a proven track record of handling the most complex international insolvency proceedings.

Chambers Global ranks us as Finland's leading law firm in insolvency proceedings. The most significant international law directories continuously recommend Pauliina Tenhunen and Pekka Jaatinen as leading lawyers in Finland.

  • Voluntary Restructurings​
  • Restructuring Proceedings
  • Bankruptcy Proceedings
  • Enforcement of Pledges
  • Insolvency Litigation
  • Liquidation Proceedings
  • Cross Border Insolvency Proceedings

Contact: Partners Pauliina Tenhunen and Pekka Jaatinen

Industries (14)

  • Wholesale & retail
  • Transport & logistics
  • Technology & communications
  • Real estate
  • Public sector
  • Private equity & venture capital
  • Media & entertainment
  • Life sciences
  • Healthcare & social care
  • Forestry & natural resources
  • Food industry
  • Financial institutions
  • Energy & Infrastructure
  • Construction & industrial services

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Finland

Band 2

What the Team is Known For

The lawyers at Castrén & Snellman have notable experience acting as administrators on restructuring and bankruptcy proceedings. The law firm is well placed to advise on distressed transactions and liquidation mandates, representing debtors and their subsidiaries, as well as creditors. It is knowledgeable in the enforcement of security and the recovery of receivables and assets, working on both domestic and cross-border matters.

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Strengths

Provided by Chambers

  • Our projects with Castrén & Snellman are well resourced and the team has a lot of varied expertise.

    Restructuring/Insolvency respondentEurope

  • Castrén & Snellman's combination of proactive communication and genuine insight into the client's business clearly distinguishes it.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Pekka Jaatinen
    Pekka Jaatinen

    Pekka Jaatinen

    Pekka Jaatinen is renowned for his longstanding presence in the insolvency area, with experience acting as restructuring and bankruptcy administrator.

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  • Pauliina Tenhunen
    Pauliina Tenhunen

    Pauliina Tenhunen

    Pauliina Tenhunen regularly acts as administrator on bankruptcy proceedings, with further activity advising distressed companies on restructuring mandates.

    • Pauliina Tenhunen is very knowledgeable.

      Restructuring/Insolvency respondentEurope

    • Pauliina Tenhunen has vast experience in the field. She delivers to-the-point advice in an easily digestible format.

      Restructuring/Insolvency respondentEurope
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  • Christer Svartström
    Christer Svartström

    Christer Svartström

    Christer Svartström is an adept practitioner who advises debtors on the recovery of assets, restructurings and insolvency proceedings.

    • Christer Svartström's ability to understand the nuances of our business and to act as a trusted adviser throughout a highly demanding period has been outstanding.

      Restructuring/Insolvency respondentEurope

    • Christer is an approachable, active and analytical expert who is able to handle complex and time-critical matters smoothly. His approach is constructive and he is a pleasure to work with.

      Restructuring/Insolvency respondentEurope
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  • Elina Pesonen
    Elina Pesonen

    Elina Pesonen

    Elina Pesonen has experience acting as administrator for bankruptcy estates. She also advises creditors on restructuring issues and insolvency-related topics.

    • Elina Pesonen has a pragmatic approach and in-depth knowledge regarding all the applicable legislation.

      Restructuring/Insolvency respondentEurope

    • She is a great lawyer with a lot of knowledge that she combines with a hands-on mentality.

      Restructuring/Insolvency respondentEurope
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Ranked Individuals at Castrén & Snellman (4)

Finland

Members

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